<article>Singapore state investor <a href="https://www.dealstreetasia.com/?s=Temasek%20Holdings">Temasek Holdings Pte Ltd</a> has announced the launch of a new S$5-billion ($3.6 billion) guaranteed medium-term note programme and mandated DBS as the lead arranger.</article>

Singapore state investor <a href="https://www.dealstreetasia.com/?s=Temasek%20Holdings">Temasek Holdings Pte Ltd</a> has announced the launch of a new S$5-billion ($3.6 billion) guaranteed medium-term note programme and mandated DBS as the lead arranger.
The notes, which will be offered through its wholly-owned subsidiary <a href="https://www.dealstreetasia.com/?s=Temasek%20Financial">Temasek Financial (IV) Private Limited</a>, will be &#8220;unconditionally&#8221; and &#8220;irrevocably&#8221; guaranteed by Temasek.
Temasek, however, clarified in a statement that notes are not yet being issued and that the announcement on its website relates only to the establishment of the programme.
&#8220;When notes are issued, an additional announcement will be made detailing how to subscribe,&#8221; it said.
Notes offered under the seasoning framework or the exemption regulations for straight debentures will comprise a public offer to retail investors in Singapore, according to the statement.
Proceeds from the issuance of the notes will fund Temasek’s ordinary course of business or other purposes that will be disclosed in the relevant pricing supplement to any issue.
Hongkong and Shanghai Banking Singapore Branch, OCBC, Standard Chartered, Standard Chartered Singapore, and UOB will be the programme’s dealers.
“Application has been made to the SGX-ST for permission to deal in and for the quotation of any Notes, which are agreed at the time of issue to be listed on the SGX-ST,” Temasek added.
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The notes, which will be offered through its wholly-owned subsidiary Temasek Financial (IV) Private Limited, will be "unconditionally" and "irrevocably" guaranteed by Temasek.

Singapore's Temasek launches $3.6b medium-term note programme

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Singapore's Temasek launches $3.6b medium-term note programme

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